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lg electronics inc (066570) Details

LG Electronics Inc. manufactures and sells consumer electronics, mobile communications, and home appliances worldwide. The company offers home appliances and air solutions, including refrigerators, washing machines, dishwashers, cooking appliances, vacuum cleaners, built-in appliances, air conditioners, air purifiers, and dehumidifiers. It also provides home entertainment products, such as TVs, audio and video products, monitors, PCs and accessories, and commercial products; G, V, and F series mobile communication products; and vehicle components comprising in-vehicle infotainment, HVAC and motor, and vehicle engineering components. In addition, the company offers commercial display solutions, solar solutions, energy storage systems, energy management solutions, membranes, stylers, lighting products, and compressors and motors. It sells its products under the LG brand name. The company was formerly known as GoldStar and changed its name to LG Electronics Inc. in 1995. LG Electronics Inc. was founded in 1958 and is based in Seoul, South Korea.

Founded in 1958

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lg electronics inc
LG Electronics Inc. Reports Consolidated Earnings Results for the First Quarter of 2019

LG Electronics Inc. reported consolidated earnings results for the first quarter of 2019. For the quarter, the company reported Sales of KRW 14,915.1 billion against KRW 15,123.0 billion a year ago. Operating Income was KRW 900.6 billion against KRW 1,107.8 billion a year ago. Net income was KRW 578.0 billion against KRW 729.9 billion a year ago.

LG Electronics Inc., Q1 2019 Earnings Call, Apr 30, 2019

LG Electronics Inc., Q1 2019 Earnings Call, Apr 30, 2019

Xperi Corporation and LG Electronics Announce Development of DTS Connected Radio Platform for Launch in 2020

Xperi Corporation and LG Electronics announced the development and integration of DTS Connected Radio technology into automobiles sold around the world. The first implementation will arrive at dealerships in 2020 with a major global car brand, to be announced at a later date. Xperi will deliver to LG the DTS Connected Radioplatform, which enables an engaging in-car radio experience, combining over-the-air radio with IP delivered content. Utilizing an IP connection installed in a vehicle, DTS Connected Radio delivers an innovative analog and digital (DAB and HD Radio) FM experience by pairing broadcast programming with IP-delivered content. DTS Connected Radio aggregates metadata, such as on-air radio program and talent information, artist and song information, station contact information and more, directly from broadcasters around the world to deliver an enhanced in-vehicle radio experience.

 

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